Move Dollar(MOD)
Market Cap$38,377
Price$1
Total Circulating38,473
Stablecoin Information
Thala's stablecoin, Move Dollar (MOD), is backed by both native and multi-chain assets, with an additional ongoing focus on yield-bearing collateral types
Category:crypto-backed
Minting and RedemptionMint MOD by depositing collateral and borrowing less than its value, ensuring over-collateralization. Redeem MOD for $1 worth of collateral minus a fee, establishing a $1 price floor
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | 0% | 0% | 0% | 38,473 |